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Listed price in listed location currency (USD).
$700,000

0026

MLS® 5218611

Overview

Key Facts

Type Hotel-Motel
Levels Commercial Sale
Size -
Garage 
Taxes $5,600
Days Active 11
Lot Size 2.318 Acres
Approx. Age 
MLS® Number 5218611

Property Address: 6405 Glenn Hwy, Cambridge, OH, 43725-8768

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to an exceptional investment opportunity nestled in Cambridge, Ohio. This property features a 6390 SQ FT, 2.3 Acre, 19-unit motel and a 2-bedroom apartment. Situated close to Interstate 70 and the Interstate 70-77 Interchange boasts the ease of convenience. In addition to the thriving motel business that has singles, doubles, and King bed suites, this property includes a cozy 2-bedroom apartment, perfect for generating additional rental income or providing accommodation for an on-site manager, enhancing the property's management efficiency. Expanding the income potential even further is a vacant lot that is situated beside the property offering endless possibilities for expansion or development. Also included is a 5-lot trailer park behind the motel that is fully equipped with public utilities. This property features 26 on-site parking spots, public utilities, coin laundry and excellent frontage to the highly trafficked RT 40 which offers additional upside potential. Recent updates in 2024 include a new roof, new exterior painting and new gutters. If you have considered being your own boss, then schedule your showing today to see if this is the business for you.
MLS® Number5218611
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementNone
DrivewayAdditional Parking, Asphalt, On Site, Paved
Garage Spaces
HeatElectric
A/CWall Units

Extras

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